Money laundering via cryptocurrencies is the most convenient and safest way of doing it. The anonymity factor it provides and anyone can do it.
The only trace if you will withdraw the money in local exchange.
You need to be in the watchlist of the AMLC in order for them to monitor your trace your transactions and monitor it.
They have the authority to check on exchanges and if you are verified, they will see traces of your transactions, so in that way in case your launder money you are likely to get caught.
Not only money laundering but sending money via remittances.
Remittances I guess are also monitored by AMLC, so you need to be careful as almost everything that is centralized can easily be monitored by the government.